Agency margin

[Hex]

He hasn't told you he's already advertising for a replacement, just in case.

I am curious because I went direct to a previous client this time and they threw an agency in the works. Any guesses on what rate they would be looking at, seeing as they did no leg work to get the role.

When I've had this in banking, the client's agent was paid by the client. I got paid 100% of my rate that I'd agreed with the client. The agency was paid something by the client for handling the payments and admin etc., I don't know what that was. Hays and Resource Solutions are commonly used in banks as in house agencies, even where there is another agency involved. They are just one more in the chain.

[Wanderer]

HI am curious because I went direct to a previous client this time and they threw an agency in the works. Any guesses on what rate they would be looking at, seeing as they did no leg work to get the role.

I did the same, agreed the rate with the client and they pay the agency (preferred supplier) about 6-7% on top of that as a fee for managing the contract and factoring the payments. Money for nothing in my opinion, but hey ho.

[Scrag Meister]

I did the same, agreed the rate with the client and they pay the agency (preferred supplier) about 6-7% on top of that as a fee for managing the contract and factoring the payments. Money for nothing in my opinion, but hey ho.

No factoring here!! I get paid when the agency do.

Works out 3 weeks in arrears, but has been on time or early so far.

Don't think they could afford to lose the HUGE client by cocking up payments, especially when its all handed to them on a plate.